Title: Bitcoin Range Tightens – A Breakout Setup in the Making
After the recent flush, Bitcoin$BTC ($BTC) has entered a narrow consolidation range between $100,800 and $103,900. This coil feels increasingly loaded, suggesting that a breakout is imminent. Price action has been compressing, and momentum is building — all signs pointing to a potential sharp move.
I'm closely monitoring this setup and have positioned myself to go long if price breaks cleanly above resistance. Here’s the plan:
Trade Setup:
Entry Zone: $102,200–$102,700
Take Profit 1 (TP1): $103,400
Take Profit 2 (TP2): $104,200
Take Profit 3 (TP3): $105,500
Stop Loss (SL): $100,700
A quick move is expected once this range resolves. Whether it’s a squeeze higher or a breakdown, the key is to react swiftly with proper risk management. For now, all eyes on the breakout level — I’m